Madison times. (Tallulah, Madison Parish, La.) 1884-1???, 1887-06-25
ACT OF
INCORPORATION,
73NShS AND MADISON
Telegraph company.
United States of America,
State % Louisiana,
Parish of TcuSas.

DE 1T knows that on 'nlS 'IH
i dav Of May. \. j.. lNS7, before me
Joseph Curry, Notary Public, IN ann
for the Parish of TcnSas, state "i
Louisiana, duly commissioned ana
qualified, and in the presence OF the
witnesses hereinafter named ana uh
dcrsigncd, personally came ana appear
ed the several persons whose names
are hrrpuuto subscribed, who declared
that gvaiIing themselves of the pro-
visions Of the laws OF this state, reia-
tive To the organization of corporations
for works of public improvement and
utility, they have contracted ana
agreed, and do 10y these presents cove
nant and agree and bind and obligate
themselves, as well as such person as
may hereinafter become associated
with them to form and constitute "A
corporatinn" and body pub lC in law
for the objects and under the agree
mrnts and stipulatiOnS following to-
wit:
ARTICLE FIRST.
The name and title of corporation
shall be, "TcnsaS and Madison Tclc-
graph Company" and by that name
said CORPORATION shall have power and
authority to have and enjoy succession
or the full term and period of ninety
nine wears from and after the day and
date hereof; to contract, sue ana he
sued, to make and use a corporate seal,
and the same to break or alter at pleas
ure, to hold, receive and lease, to pur-
chase and convey, as well as mortgage
and hvpothecatc under its corporate
name. property, both real and personal,
to name and appoint such managers,
directors, officers and agents, as the
interests and convenience of sad cor
poration may require, and to make and
establish such bylaws, rules and reg
ulatiOnS for the the proper nanaTc-
mcnt and regulation of the said cor
poration as may be necessary and
u roper. and the same to change and
alter at pleasure: ~
The domicilc of said corporation
shall be in the Parish of Madison in
the State ofLOuisiana, and all citations
or other legal process, shall he served
upon the president of said corporation
| or in case of his absence upon the Vice
| President or Secretary.
ARTICLE THIRD.
The PURPOSES for which this CorpOr-
alton is established, and the nature Of
the business to be carried on by it, are
declared and specified to be the trans
|
through the said Parishes from TaIiu-
luh via Somerset, Ncwellton and st.
Joseph.
ARTICLE FOURTH.
The capital stock of said corporation
| is hereov fixed ut the sum of y, 100000
! Two thousand Dollars-repreSCnted
bv so shares of $500 each, which may
/ be increased if necessary by vote of the
Board of Directors and the times and
manner of the payment of said stock,
are determined upon by the Board OF
Directors.
ARTICLE FIFTH.
I the business and affairs of said cor
pOration shall be under the supcrvis-
ion and management of Il Board of Dl-
rectOrS composed of stockholders to bt
elected annually on the first Monday
in May of each year, said election shall
he by ballot and conducted at the office
of said corporation, and the directors
then elected. shall serve until then
succcSSo rs shall have been elected.
;. majority of the votes east shall elect
and each sh are of stock shall be emit
, tied To one vote, either in person or 10y
proxy.
} ANY vacancy occurring in said Boar
from any cause whatever, shall be tiileC
by election by the remaining directors
four directors shall constitute /;
quorum for the transaction OfbusincsS
and said Board of Directors at thcil
, first meeting ia each year, shall cleo
out of their own number u Presl
. dent, who shall be exc flicio the Treas
| urer. Il Vice President who shall be eX
, otfiiciO, the Secretary, an an attOrne,
for the company. The President an,
| Vice President shall appoint from tim,
to time, such officers, managers, Oper
ators, and other agents as may III
. deemed necessary for the business am
q purposes of said corporation, and DIS
miss the same at pleasure, and sal'
= directors shall have fall power and an
thority to make and establish as wei
as change or amend and alter all by
y laws, rules and regulations for the sup
port and management of the affair
and business Of said corpsratiOn.
n ARTICLE SMITH.
Whenever this corporation is dis
q solved either 10y limitation or from an
: other cause, its affairs shall be liqul
dated under the Superintendence q
= three stockholders to be appointed fo
that purpose ut q general meeting {
the stockholders, convened after thlrt
! DAYS prior notice, and with the Assem-
:, of the majority in amount of the cap
} tal.Stock, said commissioners shall r,
V main in office until the affairs of sal
CORPORATION shall have been fully liqu
IL dated and in case of the death of on
e or more of said commissioners, the su
vivor or survivors shall continue
act.
ARTICLE SEVENTH.
This act of corporation may {
=. changed, modified or altered, or sal
u corporation NAV le iii sSolved with tn
- assent of a majority in amount of I'll
capital stock thereof, at any gener;
Ie meeting Of the stockholders of sal
N corporation convened for such purpOst
after thirty days previous notice
is such meeting shall have been publish
| ed in one paper i'll each of said Nv
parishes.
Of ARTICLE EIGHTH.
1, No stakeholder shall ever be held
d" able or responsible for the contracts
De faults or neglectS of said corporate
in any further sum than the unpa
balance due on the shares of sto(
owned by INN.
Nor shall any mere informality
organization have the effect of rcnde
l. ing the charter null or of exposing
~ stakeholder to any liability beyond Il
amount of his stock.
m No free messages on private husine
Il shall be allowed by the Board of L
al rectors.
ne ARTICLE NINTH.
n There shall be a regular annu
!